755 N Mathilda_Property for Sale
755 N Mathilda_Property for Sale
755 N Mathilda Ave and 680 Vaqueros, Sunnyvale, CA, 94085-3511, US

755 N Mathilda

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 755 N Mathilda (“755 N Mathilda” or the “Property”), comprising two, two-story R&D buildings totaling 105,000 square feet at 755 N Mathilda Ave & 680 Vaqueros Ave in Sunnyvale, California. Situated on a 5.16-acre site, 755 N Mathilda is 100% leased to Microsoft (“Microsoft” - S&P: AAA) for 1.0 year (exp. 04/2025). The short remaining lease term presents investors with the opportunity to retenant an asset with strong infrastructure specs and modernized interiors. The in-place Microsoft lease provides investment-grade credit and a short-term cash flow bridge while ownership formulates a repositioning strategy. 


Strategically located in Sunnyvale’s Peery Park, the Property is easily accessed via Highway 101 and Highway 237 and sits among a diverse tenant base, including LinkedIn / Microsoft, Apple, Synopsys, and Google. Moreover, the Property offers connectivity to world-class talent and venture capital. Given the Property’s location within the Peery Park Specific Plan, there is potential future upside through redevelopment.    


755 N Mathilda offers investors the rare opportunity to acquire a Microsoft-leased, R&D asset with capable infrastructure in one of the world’s top performing submarkets.

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Attributes

Building area gross
105,000 sf
Occupancy
100%
Year built
1998
Land area gross
5.16 acres
Number of buildings
2
Number of floors
2 floors
Number of loading docks
3
Parking spaces
327

Media

Investment Highlights

  • TWO-STORY, R&D ASSET WITH 16’ FIRST FLOOR CLEARS, GRADE LOADING, & 4,000 AMPS TOTAL
  • 100% LEASED TO MICROSOFT THROUGH APRIL 2025, PROVIDING A BRIDGE TO REPOSITIONING 
  • SITUATED IN A FLOURISHING SUBMARKET PROXIMATE TO THE WORLD’S MOST DIVERSE TECHNOLOGY TENANT BASE
  • ADDITIONAL DENSITY BY RIGHT OFFERS FUTURE UPSIDE THROUGH REDEVELOPMENT
  • PRIME SUNNYVALE PEERY PARK LOCATION WITH SUPERIOR ACCESS VIA US 101 & CA 237
  • IMMEDIATE ACCESS TO A WORLD-CLASS EMPLOYMENT BASE
755 N Mathilda 4_Property for Sale
755 N Mathilda 4_Property for Sale

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755 N Mathilda (0 Properties)

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Last updated
12 Mar 2024